TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Bristol-Myers Squibb Company ( BMY) is one of the companies pushing the Drugs industry lower today. As of noon trading, Bristol-Myers Squibb Company is down $0.27 (-0.5%) to $50.03 on light volume. Thus far, 1.4 million shares of Bristol-Myers Squibb Company exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $49.88-$50.29 after having opened the day at $50.07 as compared to the previous trading day's close of $50.30.

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. Bristol-Myers Squibb Company has a market cap of $82.9 billion and is part of the health care sector. Shares are down 5.4% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Bristol-Myers Squibb Company a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Bristol-Myers Squibb Company as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, notable return on equity, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Bristol-Myers Squibb Company Ratings Report now.